Top Travel Stocks to Watch: Booking, Travelers, Expedia Lead
MarketBeat has identified five top travel stocks to watch today, August 21st. These companies are Booking Holdings Inc (BKNG), Travelers Companies (TRV), Expedia Group (EXPE), Trip.com Group (TCOM), and Allegiant Travel Company (ALGT).
Their performance is often influenced by consumer travel demand, economic conditions, fuel prices, currency movements, and major events that affect tourism. For example, Booking Holdings Inc offers consumers an array of accommodation reservations through its Booking.com, priceline.com, and agoda.com brands.
Travelers Companies provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally. Expedia Group operates as an online travel company in the US and internationally through its B2C, B2B, and trivago segments.
Analysts are bullish on these stocks, with a Moderate Buy rating among analysts for Booking Holdings Inc. However, top-rated analysts believe that other stocks may be better buys at this time. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on.